Creative Financial Designs Inc. ADV boosted its position in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 42.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,016 shares of the company’s stock after acquiring an additional 2,676 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in iShares S&P 500 Value ETF were worth $1,912,000 at the end of the most recent quarter.
A number of other institutional investors also recently added to or reduced their stakes in IVE. Envestnet Asset Management Inc. grew its stake in shares of iShares S&P 500 Value ETF by 5.4% during the third quarter. Envestnet Asset Management Inc. now owns 22,121,389 shares of the company’s stock worth $4,568,288,000 after purchasing an additional 1,137,886 shares in the last quarter. Bank of America Corp DE raised its stake in iShares S&P 500 Value ETF by 0.9% in the third quarter. Bank of America Corp DE now owns 8,396,957 shares of the company’s stock valued at $1,734,056,000 after buying an additional 72,040 shares in the last quarter. UBS Group AG lifted its holdings in iShares S&P 500 Value ETF by 1.0% during the 3rd quarter. UBS Group AG now owns 3,604,778 shares of the company’s stock worth $744,423,000 after buying an additional 37,372 shares during the last quarter. Ameriprise Financial Inc. boosted its position in shares of iShares S&P 500 Value ETF by 19.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,031,014 shares of the company’s stock worth $591,818,000 after acquiring an additional 484,782 shares in the last quarter. Finally, CWM LLC boosted its position in shares of iShares S&P 500 Value ETF by 37.5% during the 4th quarter. CWM LLC now owns 2,579,248 shares of the company’s stock worth $546,981,000 after acquiring an additional 702,987 shares in the last quarter.
iShares S&P 500 Value ETF Stock Up 0.6%
Shares of iShares S&P 500 Value ETF stock opened at $225.75 on Thursday. iShares S&P 500 Value ETF has a 52 week low of $185.34 and a 52 week high of $225.98. The firm’s 50 day moving average is $217.16 and its two-hundred day moving average is $215.57. The firm has a market capitalization of $49.85 billion, a P/E ratio of 20.70 and a beta of 0.83.
About iShares S&P 500 Value ETF
iShares S&P 500 Value ETF (the Fund), formerly iShares S&P 500 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500 Value Index (the Index). The Index measures the performance of the large-capitalization value sector of the United States equity market and consists of those stocks in the S&P 500 exhibiting the strongest value characteristics. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.
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